Intel 's self-driving subsidiary, Mobileye, is targeting an IPO that would value it at nearly $16 billion.
Mobileye shares will be traded on the Nasdaq.
It will hold over 750 million shares of Class B stock which has 10 times the voting power of Class A stock.
In total, Intel expects there to be 796.26 million shares of Mobileye outstanding that, if priced at $20 at the high end of the range, would give the self-driving division a valuation up to $15.9 billion.
The filing shows strong revenue growth for Mobileye from $879 million in sales in 2019 to $1.39 billion last year.